How do I make money on kijiji? Buy more than one item from the same person...

The key to making money reselling on kijiji is fundamental... buy low.. sell high - just like the stock market.

How do you sell high?

Well - you either ADD value (fixing it, making it more marketable, etc.) or you simply are aware of the value of items and can pounce on a good deal when you see it.  Here is a classic example of an "oh my gosh" moment where I had to have this item... (I've had a few of these in the last few weeks.. kind of like in cartoons when the toon has dollar signs appear where his pupils used to be)

I saw this IKEA (yes, I know) dining table and two chairs for sale and I was like ka-ching!  They were asking $50 at the time.  A quick search on the IKEA website told me that the set retailed for about $350... excellent..




I knew this one would go like hotcakes.. it already had 90 some visits and it was newly listed.  So here comes surprise tactic #14 - offer to buy something ELSE the seller is selling - even write them an e-mail from the other (less desirable) ad.  By using my other techniques for grouping multi-items... offer on several of their items at once to reduce your overall expenditures.  In this case, I also offered on a baby swing - which I didn't need but knew at the price I was offering - I could at least make some money.. but the real value was if I could sway the seller to sell to ME first.. and.. it worked.  Psychologically and logistically it's a heck of a lot easier to sell to one person rather than a whole bunch of people..

So, using my 1/2 retail value formula I know I could sell it for around $175 so this was a no brainer.  It stayed up for a week without any firm bites so I was concerned.. but I eventually got a buyer who offered $150.. done deal. :) (oh, and I sold the baby swing for a tidy $10 profit on the side)

Summary

Purchased: $70 ($40 for the table - $30 for the swing)
Sold: $190
Profit: $120